7. Find the amount and the compound interest o
(a) 33500 at 10% p.a. for 2 years;
(C) 1600 at 8% p.a. for 2 years;
(C) F 625 at 122 % p.a. for 2 years.
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Answer:
(a)40535 ruppees, (b)1866.24 ruppees, (c)3080.25 ruppees
Step-by-step explanation:
Rule:-
p × ( 1 + r% ) ^t [ " ^ " means ' to the power ']
(a)
p = 33500 ruppees , t = 2 years , r = 10%
33500 × (1+10%)^2 =40535
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